The $238 million AEA Federal Credit Union in Yuma, Ariz., reported net income of $3.8 million for 2014, while operating under a conservatorship.
The once financially-troubled credit union in Yuma, Ariz., sees growth in loans and net worth ratio.
Lester Warby succeeds Michelle Johnson at $12 million Montana credit union previously sacked by a business loan scheme.
Rhonda Liddle, wife of convicted AEA executive William Liddle, appeals her conviction on technicalities and lack of evidence.
Nearly a year after AEA Federal Credit Union was placed under NCUA conservatorship, the financial institution is in court trying to recover some of the funds it allegedly lost in millions of dollars of soured business loans.
Faces sentencing in October; admits paying kickbacks for $22 million in loans for now failed kids park and nightclub.
Former vice president, wife, associate accused in apparent $1 million kickback scheme.